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B M Developments (Sw) Ltd

12337867

active
Private Limited Company
Companies House
Health Score
61 / 100

Some Concerns

25/30
Filing
0/30
Financial
36/40
Risk
  • No accounts filed in last 18 months (-5)
  • Negative net worth (-10)
  • Current liabilities exceed current assets (-10)
  • 2 outstanding charges (-4)

Details

UNIT 7 SEATON BUSINESS PARK 36 WILLIAM PRANCE ROAD, PLYMOUTH, PL6 5WR
Incorporated 28/11/2019

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

41100
Development of building projects

Officers

Mr Ben Mills

director · Since 28/11/2019

DEVELOPER

BRITISH · UNITED KINGDOM · Age 45

Also on 4 other boards

Persons with Significant Control

Mills Holdings Sw Ltd

75–100% shares
ownership-of-shares-75-to-100-percent-as-firm
75–100% votes
voting-rights-75-to-100-percent-as-firm
Appoint directors
right-to-appoint-and-remove-directors-as-firm

12, Colebrook Road, Plymouth, PL7 4AA

Reg: 13010502 · England & Wales · Psc02

Notified 10/03/2021

Former PSCs

Miss Natalie Anne Payne

Ceased 10/03/2021

Mr Ben Mills

Ceased 10/03/2021

Charges2 outstanding

Charge
outstanding

EXETER FINANCE LTD

Created 14/03/2025Registered 19/03/2025
Charge
outstanding

EXETER FINANCE LIMITED

Created 09/08/2023Registered 14/08/2023

CompanyRankvs 58668+ SIC 41100 peers
32

Financial strength2th percentile among SIC peers · 1/25
Employees86th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.67× · 6/20
Longevity7 years trading (max 15) · 7/15
Filing complianceAll filings up to date · 15/15
Outstanding charges -10
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How is this score calculated?
Financial strength1/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity7/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Risk deductions

Outstanding charges: -10 pts

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/03/2025

Net Worth

-£449k

Balance sheet strength

Cash

£703

Cash in the bank

Net Current Assets

-£490k

Working capital

Current Assets

£1.0M

Current Liabilities

£1.5M

Fixed Assets

£59k

Debtors

£8k

3avg. employees

Tax at Year End

Corp tax£34k

Director Loans

Company owes directors£247k

Balance Sheet

Assets less current liabilities-£431k
Signed by Mr Ben Mills 15th December 2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20250.67-£246k
20240.71-£210k
20230.97—

Derived from filed accounts. Not audited figures.